Friday, November 29, 2019

How to Earn Harmony ONE Coins

As far as I know, Harmony ONE coin can be earned by doing Proof of Stake (PoS) and Proof of Value (PoV). Currently I am join PoS in binance and honestmining. And the PoV in harmony community.

1. Stacking in Binance.com

In Binance.com will distribute these rewards proportionately to users each month based on their daily average ONE holdings.

ONE Staking distribution will be calculated as follows:
  • ONE generated by each user = Total ONE staking rewards received by Binance * User ONE holdings ratio.
  • User ONE holdings ratio = User ONE holdings / Total ONE staked by Binance.
  • Users must hold at least 175 ONE in order to qualify for staking rewards.
Here is how to stake Harmony ONE in binance.com:
  • Register to binance - Join Now 
  • After register proses has been done, in top menu click Earn and then Stacking.
  • The list coin that can be stacking will be appeared, and click deposit to deposit.

  • After the coin has been deposit just wait and binance will accumulate in 30 days, how many coins that you have been holding with the total amount distributed equal to the staking rewards accrued on holdings during the period.
  • ONE rewards are calculated daily (hourly snapshots) and distributed monthly prior to the 20th of each month.
2. PoS in Honest Mining

In honest mining, to join PoS at least you must have 1000 ONE (BEP2). This 1000 ONE is for taking 1 seat in the masternode. One masternode can be filled for 1000 seats. Currently honest mining has 17 masternode running. Which means there is 17,000,000 coins are being staked in the masternode by honest mining.

Here is how to stake Harmony ONE in honest mining:

  • After register proccess has been done, you have to deposit the Harmony Coin One by going to Wallet page and click green arrow next to Harmony ONE.
  • After coin has been deposit and the balance appear in your wallet, You can join the Harmony Staking, by clicking the blue button (STAKE ONE(BEP2).
  • Then you can fill how many seats you may join based on available coin that has been deposit and available seats.

3. Proof of Value in Harmony Social Mining

You can join Harmony Social Validation Chain as follow:
  • Go to Harmony Social Validation Chain Dashboard - Join Harmony Social Validation Now. 
  • Complete your profile, by filling BEP2 address or/and ERC20 which you hold the Harmony ONE coins. Currently you have to hold total 30,000 ONE as minimum. This will gradually increase on December 5, 2019.
  • Complete basic profile information.
  • Complete the social account details.
Once you completed all you can start to validate otheractivities or/and submit your activities, retweet, and tweet about Harmony.

The new one is about pangaea. The explanation about this can be found in here and EPoS.

HAPPY STAKING

How to Earn Harmony ONE Coins

As far as I know, Harmony ONE coin can be earned by doing Proof of Stake (PoS) and Proof of Value (PoV). Currently I am join PoS in binance ...

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